If you are into IT/Software Sector or say in any sector and can bring overseas contracts (or any domestic business related to the software sector), with a stress on Digital Marketing/Content Writing/Website Development/Reputation Management/SEO/SMM, etc, then you can join me as a partner or associate.
We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Friday, January 30, 2015

Market Mantra
Rohit Ferro Tech Ltd which was repeatedly recommended in this blog from Rs.8.40 till Rs.7.5, during the last couple of weeks today made an intra-day high of Rs.8.90 and is now trading at Rs.8.75. This time the target of the shares of the company is Rs.12-14, hence do not sell them in a hurry. According to the website of Rohit Ferro Tech Ltd, the group now has a total installed capacity of 2,74,583 mtpa. Interestingly, it takes about $1 billion (Rs. 6,000 crore) to build one mtpa capacity.  In January, last year, the government-owned Steel Authority of India Ltd (SAIL) said it would expand its capacity to 24 mtpa, by adding 10 mtpa at a cost of Rs.60,000 crore. And, that further expansion to 50 mtpa by 2025 would cost Rs.170,000 crore or Rs.6,500 crore per mt. Now you can calculate the enterprise value of Rohit Ferro Tech Ltd. Meanwhile, the company is also setting up a 67 MW Captive Power Plant at its jajpur unit to feed its energy requirements. In an attempt to forward-integrate, RFTL has set up a 100,000 TPA Stainless Steel manufacturing facility at its Bishnupur unit and the capacity utilisation is being enhanced in phases. On the side of backward integration, RFTL has acquired economic interest in coal mines in Indonesia securing thermal and coking coal requirements of its manufacturing facilities. Hence, in all probability the scrip will reach the short term targets and hence buy and keep holding.
Have you all entered Jindal Saw Ltd (Rs.81.70), which I recommended yesterday....? This time the target is Rs.92-110. Hence board the train and enjoy the journey. No infrastructure development is possible without creating a corresponding demand in the SAW pipes. Hence, infra-development and Saw Pipers are synonymous....Also, it is from the reputed O P Jindal Group. Savitri Jindal, the richest woman in the country, is the chairperson of the multi-billion rupee OP Jindal group that has interests in the steel, power and mining sectors. First named the country's richest woman in 2008 by Forbes, she has retained the position in the October, 2014 issue of the respected business magazine. She has been placed 12th in the list of India's richest, with a net family worth of $6.4 billion (Rs 395 billion).
Today Reliance Capital Ltd touched Rs.488, in a market when the Nifty is down 106 points. The stock was recommended in this blog, at Rs.474.
Today Firstsource Solutions Ltd touched Rs.30,10 and is  now trading around Rs.29. With INR at around Rs.61, the IT companies are expected to take in mollah from export market. This Rs.10, FV, scrip is from the reputed CESC group of Kolkata (Calcutta).  
HDIL Ltd recommended in this blog around Rs.67-68, today touched Rs.110, intra-day. With this all my short term targets have been achieved for the scrip. 
Post a Comment